ISLAMABAD – The Election Commission of Pakistan (ECP) has proposed dates for the upcoming polls in the Punjab and Khyber Pakhtunkhwa provinces.
In a letter sent to principal secretaries to the governors of Punjab and Khyber Pakhtunkhwa, the top electoral watchdog recommended elections date between April 9 and 17.
ECP proposed new dates days after caretaker governments were installed in the provinces after Imran Khan-led party dissolved the assemblies in a bid to push the centre for fresh polls.
The commission cited Article 224 of the Constitution, instructing the holding of the general election of an assembly within 3 months of the dissolution of provincial legislature.
In its letters, ECP quoted Article 224 which states: “When the National Assembly or a provincial assembly is dissolved, a general election to the assembly shall be held within a period of ninety days after the dissolution, and the results of the election shall be declared not later than fourteen days after the conclusion of the polls.”
The ECP also mentioned that the election date must not exceed April 13, despite the fact the date lies in Ramadan, in which the majority of the people fast.
It further mentioned, “Likewise, for completion of all activities mentioned in the election programme as per section 57 (2) of the Elections Act, 2017 minimum of 54 days will be required”.
Pakistani rupee continues recovering losses against US dollar and other currencies amid positive economic cues.
On Tuesday, the US dollar moved down and was being quoted at 283.6 for buying and 286.65 for selling.
Euro slides down to 309 for buying and 312 for selling. British Pound rate inches up to 360 for buying, and 363.5 for selling.
UAE Dirham AED dropped to 77.50 whereas the Saudi Riyal rate stands at 75.90.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||360||363.5|
|Hong Kong Dollar||HKD||36.46||36.81|
|New Zealand Dollar||NZD||175.89||177.89|
The gold remained under pressure in Pakistan amid a huge drop in price of the precious metal despite in the international market.
On Tuesday, the price of a single tola of 24-karat gold stands at Rs218,500 and 10 grams of 24k gold costs Rs187,330.
Single tola of 24 karat is Rs218,500, 22 Karat Gold costs Rs200,290, rate of 21 karat gold stands at Rs191,190 whereas 18k gold rate is Rs163,875.00 for each tola.
In the global market, gold saw huge drop in price, coming down to $2037 per ounce after drop of $81.79.
|Lahore||PKR 218,500||PKR 2,720|
|Karachi||PKR 218,500||PKR 2,720|
|Islamabad||PKR 218,500||PKR 2,720|
|Peshawar||PKR 218,500||PKR 2,720|
|Quetta||PKR 218,500||PKR 2,720|
|Sialkot||PKR 218,500||PKR 2,720|
|Attock||PKR 218,500||PKR 2,720|
|Gujranwala||PKR 218,500||PKR 2,720|
|Jehlum||PKR 218,500||PKR 2,720|
|Multan||PKR 218,500||PKR 2,720|
|Bahawalpur||PKR 218,500||PKR 2,720|
|Gujrat||PKR 218,500||PKR 2,720|
|Nawabshah||PKR 218,500||PKR 2,720|
|Chakwal||PKR 218,500||PKR 2,720|
|Hyderabad||PKR 218,500||PKR 2,720|
|Nowshehra||PKR 218,500||PKR 2,720|
|Sargodha||PKR 218,500||PKR 2,720|
|Faisalabad||PKR 218,500||PKR 2,720|
|Mirpur||PKR 218,500||PKR 2,720|